Reston Wealth Management LLC Invests $33,000 in Ford Motor (NYSE:F)

Reston Wealth Management LLC bought a new position in Ford Motor (NYSE:F) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 3,118 shares of the auto manufacturer’s stock, valued at approximately $33,000.

Several other hedge funds have also bought and sold shares of the stock. Olistico Wealth LLC purchased a new position in shares of Ford Motor during the 2nd quarter valued at about $25,000. Family Firm Inc. purchased a new position in Ford Motor during the second quarter valued at approximately $26,000. Quarry LP bought a new position in shares of Ford Motor in the second quarter worth approximately $27,000. Ridgewood Investments LLC purchased a new stake in shares of Ford Motor in the second quarter worth $28,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Ford Motor during the 2nd quarter valued at $30,000. Institutional investors own 58.74% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on F. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Wells Fargo & Company dropped their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Wolfe Research assumed coverage on Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Barclays lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $12.41.

Ford Motor Trading Down 0.7 %

Shares of F stock opened at $10.22 on Friday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 1.00. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The company has a market cap of $40.61 billion, a PE ratio of 11.61, a price-to-earnings-growth ratio of 1.90 and a beta of 1.62. The stock’s 50 day simple moving average is $10.80 and its two-hundred day simple moving average is $11.62.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business’s revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business earned $0.39 EPS. Research analysts predict that Ford Motor will post 1.82 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.87%. Ford Motor’s payout ratio is 68.18%.

Ford Motor Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.